Replacement cost: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: linked pages.) |
imported>Doug Williamson (Classify page.) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
(RC). | (RC). | ||
1. ''Derivatives'' | 1. ''Derivatives''. | ||
The current fair value of a derivatives contract, representing the amount that would need to be paid to replace the contract now, in the event of the failure of the derivative counterparty. | The current fair value of a derivatives contract, representing the amount that would need to be paid to replace the contract now, in the event of the failure of the derivative counterparty. | ||
2. ''Financial reporting'' | 2. ''Financial reporting''. | ||
In current cost accounting, the current market cost of replacing inputs, rather than their historical cost. | In current cost accounting, the current market cost of replacing inputs, rather than their historical cost. | ||
| Line 14: | Line 14: | ||
* [[Counterparty]] | * [[Counterparty]] | ||
* [[Current cost accounting]] | * [[Current cost accounting]] | ||
* [[Derivative instrument]] | |||
* [[Fair value]] | * [[Fair value]] | ||
* [[Potential Future Exposure]] | * [[Potential Future Exposure]] | ||
* [[Replacement cost risk]] | * [[Replacement cost risk]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 08:26, 2 July 2022
(RC).
1. Derivatives.
The current fair value of a derivatives contract, representing the amount that would need to be paid to replace the contract now, in the event of the failure of the derivative counterparty.
2. Financial reporting.
In current cost accounting, the current market cost of replacing inputs, rather than their historical cost.
